MFG magellan financial group limited

Feb 18 (Reuters) - Magellan Financial Group Ltd (MFG) : HY...

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    Feb 18 (Reuters) - Magellan Financial Group Ltd (MFG) :

    • HY TOTAL REVENUE AND OTHER INCOME UP BY 23% TO A$401 MLN
    • HY ADJUSTED NET PROFIT UP BY 16% TO A$248.1 MLN
    • HY NET PROFIT AFTER TAX UP BY 24% TO A$251.6 MLN
    • INTENTION TO PROGRESS WITH A 1-FOR-8 BONUS ISSUE OF OPTIONS
    • DECLARES INTERIM DIVIDEND OF 110.1 AU CENTS PER SHARE
    • BONUS ISSUE AT EXERCISE PRICE OF A$35 PER OPTION
    • CONSIDERING IMPLEMENTATION OF AN ON-MARKET SHARE BUY-BACK
    • NO PLANS TO MAKE FURTHER INVESTMENTS VIA MAGELLAN CAPITAL PARTNERS
    • INTENTION TO PROGRESS WITH ISSUE OF ABOUT 10 MILLION UNLISTED OPTIONS TO STAFF
    • SUSPENDING DIVIDEND REINVESTMENT PLAN
    • CONFIRMING DIVIDEND POLICY OF 90-95% PAYOUT OF PROFIT AFTER TAX OF FUNDS MANAGEMENT BUSINESS
    • FINAL TERMS OF INTENDED OPTIONS ISSUANCES AND TIMETABLE WILL BE NOTIFIED TO MARKET AND LODGED WITH ASX ONCE APPROVED BY BOARD
    • EXPECTED THAT PROSPECTUS FOR BONUS OPTIONS AND FURTHER DETAILS OF EMPLOYEE OPTIONS WILL BE RELEASED TO ASX IN MARCH 2022
 
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(20min delay)
Last
$10.77
Change
-0.060(0.55%)
Mkt cap ! $1.862B
Open High Low Value Volume
$10.76 $10.82 $10.68 $316.1K 29.36K

Buyers (Bids)

No. Vol. Price($)
9 141 $10.76
 

Sellers (Offers)

Price($) Vol. No.
$10.77 122 5
View Market Depth
Last trade - 10.34am 07/08/2025 (20 minute delay) ?
MFG (ASX) Chart
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